This Week in Chancery Court: Sirius-Pandora Buyout Goes to Trial

A trial over shareholders’ challenge to Sirius XM Holdings Inc.'s $3.5 billion acquisition of Pandora Media Inc. goes to trial this week in Delaware’s Court of Chancery.

Here’s a look at what else tops the court’s calendar:

Tuesday: Sjunde AP-Fonden v. Activision Blizzard Inc., Del. Ch., No. 2022-1001, telephonic hearing 5/16/23.

At issue: A Swedish state-run pension fund is suing Activision Blizzard Inc. and Microsoft Corp., claiming their planned $69 billion merger was rigged to exploit the beleaguered gaming giant’s sexual harassment crisis and protect its CEO. Activision chief Bobby Kotick and its board members ...